Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc announced the repurchase of 30,000 of its own shares at a weighted average price of 781.08 pence each, with prices ranging from 772.00 to 793.00 pence. The company intends to cancel these shares as part of its ongoing buyback program. This move is likely to interest investors monitoring Kainos’ capital allocation strategies.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.